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Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI to conduct long-term repo operations on Feb 17, 24 for Rs 50,000...

There will be no restriction on the maximum amount of bidding by individual bidders.

8 Feb 2020 12:38 PM IST

The Tamil Nadu and Andhra Pradesh chief ministers offices did not respond to requests for comment.

Not moving out of Andhra Pradesh, says Kia Motors

Kia has a long-term commitment to the Indian market and has made an investment of USD 1.1 bn in the manufacturing plant...

8 Feb 2020 12:30 PM IST

Reliance Group chairman Anil Ambani.

Anil Ambani to pay USD 100 mn in conditional order for Chinese banks:...

The Reliance Group indicated that it plans to appeal against the ruling, which will involve a process of seeking...

8 Feb 2020 12:27 PM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

Days after hiking deposit insurance, FM says working on contentious...

The government was forced to withdraw the FRDI Bill from the House after Opposition members objected to it.

8 Feb 2020 11:53 AM IST

Tata Steel is countrys major steel producer.

Tata Steel slips into red; reports Rs 1228 cr net loss in Oct-Dec

Tata Steel had posted a consolidated net profit of Rs 1,753.07 crore during the same quarter a year ago.

8 Feb 2020 11:18 AM IST

Finance Minister Nirmala Sitharaman, while talking to reporters, said states too will have to make efforts in improving the business climate in India, especially with regard to property registration. (Photo: File)

FinMin to wait for one more year to take call on LTCG tax: Sitharaman

Experts opined that investors were peeved at the absence of any action on LTCG and the shift on DDT.

8 Feb 2020 11:11 AM IST

A video soon went viral on social media where it can be seen that the man calmly walked over to the SpiceJet plane and inspect it. (Photo: Gul Panag/ video screengrab)

Spicejet appoints Bhatia as chief commercial officer

Bhatia will report to Ajay Singh, chairman and managing director and will look after revenue management.

8 Feb 2020 11:07 AM IST

Ashish Bhakuni, Head of Marketing , Adda52Rummy

Adda52 Rummy offers the simplest online multiplayer rummy game

Adda52rummy platform is available in Telugu and Tamil for our south users.

8 Feb 2020 10:40 AM IST

Renowned European planemaker Airbus has unveiled its oddly-shaped BelugaXL aircraft, which is painted to stunningly resemble its namesake, the Beluga whale. (Photo: Twitter)

Airbus likely to acquire Bombardier's remaining stake in A220...

The terms of a potential deal that would mark Bombardier's exit from commercial aviation were unclear.

8 Feb 2020 10:24 AM IST

While nearly a third of these companies reported a deceleration in sales growth in Q2, in Q3 half of the stocks reported an acceleration in top-line growth trends.

Earnings downgrades outstrip upgrades in Q3

An analysis shows that there is broad-based stabilisation in top-line growth but overall numbers still remains weak,...

8 Feb 2020 3:18 AM IST

According to a source, the appointment of Challa Sreenivasulu Setty as managing director (MD) of SBI has been cleared by the BBB, headed by former Department of Personnel and Training secretary BP Sharma, while the name of Ashwin Bhatia, MD & CEO of SBI Mutual Fund, has been kept as a standby for the same position.

SBI cuts rates, says more next time

SBI announced a reduction in its MCLR by 5 basis points across all tenors while BOI cut MCLR by 10 basis points for...

8 Feb 2020 3:14 AM IST

The impact of coronavirus is still uncertain, but Japanese brokerage Nomura expects Chinas GDP growth to slow from 6 per cent year-on-year in the fourth quarter of 2019 to 3.8 per cent in the first quarter of 2020 (previously 5.8 per cent), before rebounding to 6.4 per cent in the second quarter.

Coronavirus to slow China GDP growth to 3.8 per cent in Q1

According to Nomura, the first quarter growth rate in China may dip to 3.8 per cent before a bounce back in Q2 on...

8 Feb 2020 1:57 AM IST